CVE:RIO Rio2 (RIO) Stock Forecast, Price & News C$0.22 +0.01 (+4.76%) (As of 09/29/2023 08:55 PM ET) Add Compare Share Share Today's RangeC$0.20▼C$0.2250-Day RangeC$0.20▼C$0.2652-Week RangeC$0.10▼C$0.31Volume64,500 shsAverage Volume87,517 shsMarket CapitalizationC$56.93 millionP/E RatioN/ADividend YieldN/APrice TargetC$0.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesOptions ChainProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesOptions Chain Rio2 MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside13.6% UpsideC$0.25 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment-0.15Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.24 out of 5 stars 2.0 Analyst's Opinion Consensus RatingRio2 has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$0.25, Rio2 has a forecasted upside of 13.6% from its current price of C$0.22.Amount of Analyst CoverageRio2 has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for RIO. Previous Next 0.0 Dividend Strength Dividend YieldRio2 does not currently pay a dividend.Dividend GrowthRio2 does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RIO. Previous Next 1.0 News and Social Media Coverage News SentimentRio2 has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Rio2 this week, compared to 1 article on an average week.Search InterestOnly 44 people have searched for RIO on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rio2 insiders have not sold or bought any company stock.Percentage Held by Insiders21.37% of the stock of Rio2 is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 14.49% of the stock of Rio2 is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Rio2 is -22.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rio2 is -22.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRio2 has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Rio2 (CVE:RIO) StockRio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.Read More RIO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RIO Stock News HeadlinesOctober 1, 2023 | msn.comMichael Caine, Rita Moreno and Clint Eastwood: Hollywood stars over 90 then and nowSeptember 28, 2023 | finanznachrichten.deRio2 Limited: Rio2 Announces 2023 AGM ResultsOctober 2, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. September 25, 2023 | msn.comWhy Hallmark’s Alexa PenaVega Doesn’t Appear in New ‘Spy Kids’ MovieSeptember 13, 2023 | msn.comDaniella Karagach Is ‘Excited' for ‘DWTS' Return 3 Months After Giving BirthSeptember 13, 2023 | yahoo.comDaniella Karagach Is ‘So Excited’ to Return to ‘Dancing With the Stars’ 3 Months After Giving BirthSeptember 10, 2023 | msn.comOshkosh area Week 4 football roundup: Wellhoefer carries Omro, Lindahl leads Lourdes to winsSeptember 5, 2023 | juniorminingnetwork.comRio2 Completes Feasibility Study for Fenix Gold ProjectOctober 2, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.September 1, 2023 | afr.comUS stocks temper job data gains, rate outlook still cloudedAugust 22, 2023 | msn.comCopper, iron ore extend gains on upbeat Chinese demand signals, weaker dollarAugust 18, 2023 | msn.comIs a ‘Rio 3’ movie actually happening?August 17, 2023 | afr.comASX to slip; Magellan, Latitude to report; $A extends declineAugust 15, 2023 | msn.comThe Best Movies On Disney+ With A-List ActorsAugust 5, 2023 | theglobeandmail.comClosing Bell: Rio2 Ltd flat on Thursday (RIO)August 5, 2023 | theglobeandmail.comClosing Bell: Rio2 Ltd down on Tuesday (RIO)August 3, 2023 | msn.comRio2 (RIOFF) Price Target Decreased by 44.63% to 0.20August 1, 2023 | yahoo.comWhat's Coming To Disney+ In August 2023August 1, 2023 | msn.comNew on Disney+: August 2023July 29, 2023 | msn.comNew On Disney+: All 29 Movies & TV Shows Arriving In AugustJuly 26, 2023 | msn.comEvery Movie Coming to Disney+ in August 2023July 19, 2023 | theglobeandmail.comClosing Bell: Rio2 Ltd up on Tuesday (RIO)June 28, 2023 | afr.comASX to slip, $A drops, Micron boosts tech outlookJune 20, 2023 | proactiveinvestors.comSmall cap snapshot: Magna Mining, CULT Food Science, Carlyle Commodities, East Side Games, Rio2...June 14, 2023 | afr.comASX to rise, NZ GDP, May jobs data pendingJune 11, 2023 | msn.comThe best Janelle Monáe moviesJune 6, 2023 | fool.com.auBrokers say these ASX 200 mining stocks are top buysSee More Headlines Receive RIO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rio2 and its competitors with MarketBeat's FREE daily newsletter. Email Address RIO Company Calendar Last Earnings8/24/2023Today10/02/2023Next Earnings (Estimated)11/21/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeCVE Industry Gold Sub-IndustryN/A SectorBasic Materials Current SymbolCVE:RIO CUSIPN/A CIKN/A Webwww.rio2.com Phone1 604 260 2696FaxN/AEmployees44,333Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$0.25 High Stock Price ForecastC$0.25 Low Stock Price ForecastC$0.25 Forecasted Upside/Downside+13.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.01) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeC$-2,570,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-3.19% Return on Assets-7.59% Debt Debt-to-Equity Ratio0.69 Current Ratio10.80 Quick Ratio1.10 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowC$0.02 per share Price / Cash Flow9.76 Book ValueC$0.30 per share Price / Book0.73Miscellaneous Outstanding Shares258,750,000Free FloatN/AMarket CapC$56.93 million OptionableOptionable Beta1.99 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Alexander Black (Age 65)Exec. Chairman Comp: $268.46kMr. Andrew CoxPres, CEO & DirectorMs. Kathryn JohnsonCFO, Exec. VP & Corp. Sec.Mr. Daniel Ellis Kenney LLB (Age 53)Legal Counsel Key CompetitorsRio2CVE:ATMMetanor Resources Inc. (MTO.V)CVE:MTOPershing GoldTSE:PGLCPrimero MiningTSE:PLavras GoldCVE:LGCView All Competitors RIO Stock - Frequently Asked Questions Should I buy or sell Rio2 stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rio2 in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RIO, but not buy additional shares or sell existing shares. View RIO analyst ratings or view top-rated stocks. What is Rio2's stock price forecast for 2023? 1 Wall Street analysts have issued 12-month price objectives for Rio2's shares. Their RIO share price forecasts range from C$0.25 to C$0.25. On average, they anticipate the company's share price to reach C$0.25 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View analysts price targets for RIO or view top-rated stocks among Wall Street analysts. How have RIO shares performed in 2023? Rio2's stock was trading at C$0.20 at the beginning of the year. Since then, RIO shares have increased by 12.8% and is now trading at C$0.22. View the best growth stocks for 2023 here. When is Rio2's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023. View our RIO earnings forecast. How were Rio2's earnings last quarter? Rio2 Limited (CVE:RIO) issued its quarterly earnings results on Thursday, August, 24th. The company reported ($0.03) earnings per share for the quarter. What other stocks do shareholders of Rio2 own? Based on aggregate information from My MarketBeat watchlists, some companies that other Rio2 investors own include Boxlight (BOXL), ChannelAdvisor (ECOM), Argonaut Gold (ARNGF), Asia Pacific Wire & Cable (APWC), Aphria (APHA), Applied Industrial Technologies (AIT), AIM ImmunoTech (AIM), Amarillo Gold (AGC) and First Majestic Silver (AG). What is Rio2's stock symbol? Rio2 trades on the Canadian Venture Exchange (CVE) under the ticker symbol "RIO." How do I buy shares of Rio2? Shares of RIO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Rio2's stock price today? One share of RIO stock can currently be purchased for approximately C$0.22. How much money does Rio2 make? Rio2 (CVE:RIO) has a market capitalization of C$56.93 million. The company earns C$-2,570,000.00 in net income (profit) each year or C($0.01) on an earnings per share basis. How many employees does Rio2 have? The company employs 44,333 workers across the globe. How can I contact Rio2? Rio2's mailing address is The Marine Building, 1000–355 Burrard Street, Vancouver, BC V6C 2G8, Canada. The official website for the company is www.rio2.com. The company can be reached via phone at 1 604 260 2696. This page (CVE:RIO) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rio2 Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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